The Fijian Competition and Consumer Commission (FCCC) has revealed that a significant majority, 51%, of the 975 submissions received during its recent electricity tariff review supports an adjustment to electricity pricing. This extensive 21-day consultation included a mix of 65 formal written submissions, five focus group discussions with business leaders, and 905 public responses gathered through surveys and oral consultations.
In its latest statement, the FCCC noted that those in favor of a price adjustment emphasized the necessity of enhancing Fiji’s power infrastructure and transitioning towards renewable energy sources. However, many respondents advocated for a careful and gradual approach to any price increases.
On the flip side, 37% of the participants expressed opposition to any tariff hikes, attributing their concerns to ongoing cost-of-living pressures and increasing household expenses. Additional comments highlighted the need for targeted policy measures to safeguard vulnerable consumers while simultaneously allowing for essential infrastructure developments.
A diverse array of stakeholders, encompassing businesses, consumer advocacy groups, and various government ministries participated in the consultation process. Several ministries have suggested implementing a comprehensive “whole-of-government” strategy to assist Energy Fiji Limited (EFL) with its capital investments through fiscal support aimed at alleviating the financial burden on the public.
In light of the feedback received, the FCCC has decided to postpone its final decision on the electricity tariff until April 30. This additional time will enable EFL to engage in further discussions regarding financing options and supportive measures with the government. The Commission reaffirms its dedication to striking a balance between necessary investments in the energy sector and the protection of consumer interests, reflecting a commitment to sustainable energy development while considering the economic realities faced by Fijian residents.
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